Papua LNG Project
Sector: Natural Gas • Location: Papua New Guinea
Source: Upstream Online
Papua LNG is based on development of the Elk and Antelope onshore fields in Gulf Province connected via onshore and offshore pipelines to new liquefaction trains at the existing PNG LNG location. The project involves several very large EPC contracts for upstream development, offshore pipelines, onshore pipelines, and three new electric liquefied natural gas trains. The project partners are TotalEn
- Status
- Prospective
- Sector
- Natural Gas, LNG
- Location
- Papua New Guinea
- Updated
- 22 Jul 2026
- Source
- Upstream Online
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Papua LNG is based on development of the Elk and Antelope onshore fields in Gulf Province connected via onshore and offshore pipelines to new liquefaction trains at the existing PNG LNG location. The project involves several very large EPC contracts for upstream development, offshore pipelines, onshore pipelines, and three new electric liquefied natural gas trains. The project partners are TotalEnergies, ExxonMobil, Santos, and Eneos Xplora. The project has faced complexities and delays, with the final investment decision (FID) now targeted for the second half of 2026. The capex estimate has been reduced to between $14 billion and $15 billion from a previous estimate of $18 billion. The hot favorite for the LNG trains EPC contract is a joint venture of Japan's JGC and South Korea's Hyundai Engineering & Construction. |
Original sector | Energy |
Budget |
Location
Country | Papua New Guinea |
Source
Source | Upstream Online |
URL |
More Details
Record type | Project |
Sector | Natural Gas, LNG |
Article published date | 2026-04-27 |
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